Ziggo dismisses claims it is planning a stock market launch

A spokesman for Dutch cableco Zesko Holdings (Ziggo) scotched rumours
that the firm is gearing up for an initial public offering.

A spokesman for Dutch cableco Zesko Holdings (Ziggo) scotched rumours that the firm is gearing up for an initial public offering (IPO), with board member Marcel Nijhoff telling ANP that the firm has 'no concrete plans' for such a launch. Ziggo’s commercial director was speaking to reporters at a company meeting in Utrecht.

He went on to say that for the time being, 'all options are open', but did confirm that Ziggo is in the process of refinancing its debt – although this is not connected to any possible IPO initiative.

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